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On June 7th 2017, Dr. Walid el Abed, Sylviane Cardey and Peter Greenfield presented: Knowledge and Value Creation: A Model for Turning Knowledge into Organizational Value Outcomes and Vice-Versa at the 12th edition of the International Forum on Knowledge Asset Dynamics (IFKAD) in St Petersburg.

A key theme in economic and management research is explaining the strategic relevance of knowledge for firm competitiveness and how to turn knowledge into organizational value outcomes. Despite many advances in our understanding of how knowledge-based drivers contribute to organizational value creation and local development, there are fundamental issues to be addressed concerning the role of knowledge management in order to face the challenges of 21st century business landscape.

The purpose of IFKAD 2017 was to explore the role and the relevance of new sources, dimensions and characteristics of knowledge supporting organizations as well as regional and urban systems in their value creation dynamics, addressing particularly three key topics leading to the understanding and management of knowledge in the 21st century: resilience, creativity and co-creation. They increasingly represented fundamental features to cope with the increasing complexity and turbulence of today’s business landscape.

The 12th International Forum on Knowledge Assets Dynamics brought together academicians, young researchers, practitioners and policy makers from different fields to provide an opportunity for presenting, debating and reflecting on original approaches, models and tools regarding the position of knowledge management in the 21st century from a wide range of perspectives – i.e. economic, social, environmental and cultural perspectives.

The conference´s PhD sessions gave a unique opportunity to postgraduates and PhD students to present and discuss their work, and to collect feedback from international experts.